TCS, Infosys, HCL Tech Q2 results show billion dollar deals aren’t enough
NEW DELHI: The September quarter earnings of IT services majors Tata Consultancy Services (TCS), Infosys, and HCL Tech have left analysts upbeat on margins, and deal wins but discretionary demand played spoilsport. TCS reported an EBIT margin of 24.3%, Infosys 21.2%, and HCL Tech 18.5%. Domestic brokerage firm Kotak Institutional Equities said the figures were … Read more